Industrial Electric Motor Service, Inc.
$571,500 PPP Loan in Baton Rouge, Louisiana
Loan Details
- Loan Number
- 1536877403
- Date Approved
- May 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $571,500
- Current Approval
- $571,500
- Forgiveness Amount
- $583,279
- Forgiveness Date
- May 19, 2022
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Industrial Electric Motor Service, Inc.
- Address
- 8920 Buzbee Dr
- City
- Baton Rouge
- State
- Louisiana
- ZIP Code
- 70809
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 53
- Estimated Revenue
- $11.4M
- Rural/Urban
- Urban
- Congressional District
- LA-06
Loan Use Breakdown
- Payroll
- $571,500
Lender Information
- Servicing Lender
- Hancock Whitney Bank
- Originating Lender
- Hancock Whitney Bank
Other PPP Loans in Baton Rouge, LA
| Business | Approved | |
|---|---|---|
| Premium Inspection & Testing, Inc. | $10,000,000 | |
| John H. Carter Co., Inc. | $10,000,000 | |
| Valluzzo Companies LLC | $9,963,600 | |
| Awc, Inc. | $9,351,535 | |
| The Lofton Corporation | $9,299,500 |
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